Restricted Payment. The Borrower will not pay or declare any Restricted Payment unless immediately prior to such payment and after giving effect to such payment, the Borrower could incur at least $1 of additional Debt without violating the provisions of Section 9.3(g) and after giving effect thereto no Default or Event of Default exists hereunder.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Southern Union Co), Credit Agreement (Southern Union Co)
Restricted Payment. The Borrower will not pay or ------------------ declare any Restricted Payment unless immediately prior to such payment and after giving effect to such payment, the Borrower --- could incur at least $1 of additional Debt without violating the provisions of Section 9.3(g10.3(g) and after giving effect thereto no --- Default or Event of Default exists hereunder.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)
Restricted Payment. The Borrower will not pay or declare any Restricted Payment unless immediately prior to such payment and AND after giving effect to such payment, the Borrower could incur at least $1 of additional Debt without violating the provisions of Section 9.3(g) and AND after giving effect thereto no Default or Event of Default exists hereunder.
Appears in 1 contract
Restricted Payment. The Borrower will not pay or declare any Restricted Payment unless immediately prior to such payment and AND after giving effect to such payment, the Borrower could incur at least $1 of additional Debt without violating the provisions of Section 9.3(g10.3(g) and AND after giving effect thereto no Default or Event of Default exists hereunder.
Appears in 1 contract
Samples: Credit Agreement (Southern Union Co)
